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Magic Software Enterprises (XTAE:MGIC) Other Income (Expense) : ₪-3 Mil (TTM As of Sep. 2024)


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What is Magic Software Enterprises Other Income (Expense)?

Magic Software Enterprises's other income expense for the Magic Software Enterprises's pretax income for the three months ended in Sep. 2024 was ₪0 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₪-3 Mil.

Magic Software Enterprises Other Income (Expense) Historical Data

The historical data trend for Magic Software Enterprises's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magic Software Enterprises Other Income (Expense) Chart

Magic Software Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.59 -13.55 -19.19 0.58 -2.11

Magic Software Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -2.11 -0.69 -0.44 -

Magic Software Enterprises Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magic Software Enterprises  (XTAE:MGIC) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Magic Software Enterprises Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (XTAE:MGIC) » Definitions » Other Income (Expense)
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XTAE:MLTM XTAE:CMDR XTAE:EMCO XTAE:NYAX XTAE:SPDV XTAE:TNDO XTAE:UPSL XTAE:HLAN XTAE:FORTY ACN IBM NSE:TCS FI NSE:INFY NSE:HCLTECH FIS IT CTSH BOM:507685 TSE:6702
Traded in Other Exchanges
MGIC:USA MGK:Germany MGK:Germany
Address
Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501
Website
https://www.magicsoftware.com
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.